Finance for Non-Finance Professionals for Decision Making Course Overview

For potential students interested in the Finance for Non-Finance Professionals for Decision Making course, below are the minimum required prerequisites to ensure you can fully benefit from the training:

• Basic understanding of business terminologies such as revenue, expenses, assets, and liabilities.
• Ability to comprehend and analyze elementary data and information presented in written and chart formats.
• Willingness to engage in foundational learning about financial statements, cash flows, balance sheets, and profit & loss accounts.
• Motivation to apply financial insights into practical decision-making within an organizational setting.
• A leadership or supervisory role or aspiration, as the course content is tailored to help senior executives and board members without a finance background.

These prerequisites are designed to ensure that all participants start with the necessary background to engage productively in this training. However, no prior advanced knowledge in finance or accounting is required.

Target Audience for Finance for Non-Finance Professionals for Decision Making

The Finance for Non-Finance Professionals course empowers top executives to make informed strategic decisions through financial literacy.

• CEOs and Presidents

  
  

• Senior Executives

  
  

• Board Members

  
  

• Company Founders

  
  

• Entrepreneurial Managers

  
  

• Department Heads without financial training

  
  

• Project Managers overseeing financial aspects

  
  

• Business Consultants seeking financial understanding

  
  

• Non-profit Organization Leaders

  
  

• Government Officials involved in fiscal management

  
  

Learning Objectives - What you will Learn in this Finance for Non-Finance Professionals for Decision Making?

Introduction to Learning Outcomes: This course equips non-finance professionals, including senior executives and board members, with essential financial skills to enhance decision-making and strategic planning capabilities.

Learning Objectives and Outcomes:

• Understand the core purposes and components of major financial statements: Cash Flow, Balance Sheet, and Profit & Loss Account.
• Analyze and interpret cash flow statements to gauge operating efficiency and financial health.
• Assess financial stability and strategic opportunities through balance sheet ratios and components.
• Link profitability analysis with business strategy using key metrics from the Profit & Loss Account.
• Utilize financial data effectively to make informed, strategic decisions and recognize organizational risks and opportunities.
• Apply budgeting and forecasting techniques to plan financially for business activities.
• Evaluate business profitability and identify areas for potential financial improvement and investment returns.
• Engage in practical, hands-on exercises and case studies to apply learned financial concepts in real-world scenarios.
• Develop strategic planning skills by integrating financial insights.
• Successfully complete the final assessment to earn a certification acknowledging financial proficiency.